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Author Topic: Why trading is better than gambling?  (Read 20543 times)
michellee
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December 20, 2016, 11:57:07 AM
 #121

because for me, i can make analysis when i am doing trading and watching for the price of altcoins and bitcoin but in gambling, i don't want to risk my bitcoin because i don't have good skills when i am playing gambling. so i think, for me trading is better than playing gambling as i have small knowledge with doing trading.

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December 20, 2016, 12:17:54 PM
 #122

Hey! guys i need your opinion and help because i didn't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?

You earn bitcoin by BTC gambling. If you know your limits and don't be a greedy one. If you are a greedy one then gambling does not suits you. You must know trading. Trading is a the best way to earn legit and worthy profit. As long as you are willing to wait and have patience then this suits for you. There are a lot of blogs or threads in Google/Bitcointalk.org on what really trading is. You will never know the nature of trading if you don't try it. I will refer you this link as your guide on whats trading is. LINK: https://bitcointalk.org/index.php?topic=1679516.0
well that's right if you have time to research and learn more about trading you will be able to gain much better bitcoin inside trading but like what you have said you know how to earn btc with gambling if you constantly can do that why you should need to switch from your comfort zone. you just needed to enjoy and control yourself to avoid big loses.

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December 20, 2016, 02:11:35 PM
 #123

Well there is a huge difference between those two. Trading is something wherein you watch the prices for sometime and then buy when you think that Bitcoins price is at its lowest and then wait until the prices reach considerably higher and then sell those Bitcoins. Gambling is totally upon luck, a small bit of experience and also the choice of the casino/website. You probably should choose a legit site with considerably lower house edge than other websites. In gambling the chance of losing all your deposited money is considerably High too. Also you need to know where to stop with gambling, or you're bound to loose all your money sometime.

Trading, on the other hand, can give legit but great profits, especially if you hold your Bitcoins till the next halving.
 
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December 20, 2016, 02:32:27 PM
 #124

Well there is a huge difference between those two. Trading is something wherein you watch the prices for sometime and then buy when you think that Bitcoins price is at its lowest and then wait until the prices reach considerably higher and then sell those Bitcoins. Gambling is totally upon luck, a small bit of experience and also the choice of the casino/website. You probably should choose a legit site with considerably lower house edge than other websites. In gambling the chance of losing all your deposited money is considerably High too. Also you need to know where to stop with gambling, or you're bound to loose all your money sometime.

Trading, on the other hand, can give legit but great profits, especially if you hold your Bitcoins till the next halving.
 

Trading can be less risky than gambling if you pick the right thing to trade. Even if you are wrong, there is a chance you can get out of your position with a small loss. However, you will lose your bet if you bet on the wrong side. I prefer trading to gambling but timing is very important such as when to enter a trade and when to get out.

     

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December 20, 2016, 03:20:52 PM
 #125

Well there is a huge difference between those two. Trading is something wherein you watch the prices for sometime and then buy when you think that Bitcoins price is at its lowest and then wait until the prices reach considerably higher and then sell those Bitcoins. Gambling is totally upon luck, a small bit of experience and also the choice of the casino/website. You probably should choose a legit site with considerably lower house edge than other websites. In gambling the chance of losing all your deposited money is considerably High too. Also you need to know where to stop with gambling, or you're bound to loose all your money sometime.

Trading, on the other hand, can give legit but great profits, especially if you hold your Bitcoins till the next halving.
 

If you equipped yourself with the right tools, trading can be a very profitable activities for you. It is a good way to grow your btc. Even though skills like candlestick pattern may not works well in btc, a lot of people have profit a lot from trading. However, personally a word of advice i would like to give is that ICO is a dangerous place to go and do your research properly before you invest in any ICO.
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December 20, 2016, 03:25:20 PM
 #126

because for me, i can make analysis when i am doing trading and watching for the price of altcoins and bitcoin but in gambling, i don't want to risk my bitcoin because i don't have good skills when i am playing gambling. so i think, for me trading is better than playing gambling as i have small knowledge with doing trading.

Yep indeed trading is safer because you can predict more things it not fully based on luck and that is with gambling the fact.
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December 20, 2016, 04:46:35 PM
 #127

trading is safer because you can predict more things it not fully based on luck and that is with gambling the fact.
Just think about the reciprocal of your statement. For an instant result like earning big gambling would be the better option as there is no requirement of any skill and we could start gambling immediately. There are many people who just want to double their money and going for gambling but definitely they are not choosing trading.
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December 21, 2016, 01:54:10 PM
 #128

To me gambling is a form of investing and trading is just waiting on a whale to dump on you.
You got better chances gambling then making a fortune of trading.

You understood both wrongly because gambling is not to become rich fast, but you need to spend some money to get enjoyment from these games. And in trading, you can expect some profits over the time but there also I don't think one can make a fortune unless one is very lucky. There is not short cut to becoming wealthy and only way is to work hard and smart.
I think gambling is one of the shortest way of making money if you are a lucky person and you also have some good gambling tricks and experience, as I have seen so many people in my area who are really making  good money from gambling. They are really too good in gambling and depending more on gambling as compare to trading.
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December 21, 2016, 03:43:15 PM
 #129

To me gambling is a form of investing and trading is just waiting on a whale to dump on you.
You got better chances gambling then making a fortune of trading.

You understood both wrongly because gambling is not to become rich fast, but you need to spend some money to get enjoyment from these games. And in trading, you can expect some profits over the time but there also I don't think one can make a fortune unless one is very lucky. There is not short cut to becoming wealthy and only way is to work hard and smart.
I think gambling is one of the shortest way of making money if you are a lucky person and you also have some good gambling tricks and experience, as I have seen so many people in my area who are really making  good money from gambling. They are really too good in gambling and depending more on gambling as compare to trading.

That's good of making profit through gambling, but this can't be depended long for living. But with trading you can get some assured amount for living or can minimize loss, which is not possible with gambling. So based upon users need decision needs to be taken.

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December 21, 2016, 03:49:21 PM
 #130

its not really better on gambling it still depends on the users.. whether they good on gambling nor trading.. I've been trader once and I'm gonna say its not really advisable if you're a firsttimer much better to do gambling first before going to the world of trading. being a trader is so hard because you don't have stable income unlike playing gambling where you can have a luck and have a stable income..
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December 22, 2016, 07:52:12 AM
 #131

Hey! guys i need your opinion and help because i didn't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?
Why did you trained your self to earn bitcoin by playing gambling that's really awful mate for you well there are different by trading you need more lot patient than playing gambling trading is more appropriate when it comes of earning it is a profitable source income i suggest you to join in to group that topics are all about tradings.
people always looking for the fastest way to earn profit, that is why they prefer to gamble rather than to trading which required a lot patient as you said, yu can earn profit steady theough trading but not through gambling.

people have a misunderstanding about gambling , they think it is the fastest way to make money , but it is not actually .

People may prefer gambling cause of fast way of earning, but some of us like to gamble. Personally I enjoy in poker games, slots, roulette, sports. I can spend hours playing this games, and higher bets means better gambling experience with more excitements.
No way that trading can be better then gambling, in my case gambling is much better then trading. In gambling and trading its important to wait for moment and be patient, who every rush into something, in most cases he lose. Game is a game in the end, gambling is just what I like more.
it is okay , everybody have a different taste. i just talking about most people choice will be in trading as it has less risk . gambling are fun actually in terms of staking and doubling your money over a simple game, it is really fun.

but you should know that gambling have a potential bad effect too in your life, as it is addictive just like drugs.

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December 22, 2016, 07:50:50 PM
 #132

because for me, i can make analysis when i am doing trading and watching for the price of altcoins and bitcoin but in gambling, i don't want to risk my bitcoin because i don't have good skills when i am playing gambling. so i think, for me trading is better than playing gambling as i have small knowledge with doing trading.
yes in fact the only reason can be that we can use analysis in trading, while gambling is mostly depending on your luck therefore gambling do no need any analysis and we can play it without any knowledge and experience and skill. while trading need your skill, your experience and your knowledge about the place where you are going to invest.

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December 22, 2016, 08:03:40 PM
 #133

Trading is exchanging Bitcoins in the right time trying to get some profit, you buy low and sell high. It has risks, but if you lose, you lose only the difference between the two prices, while at gambling you lose it all. Gambling is pretty much giving away money and trading is earning it in a very risky way.

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December 22, 2016, 08:46:43 PM
 #134

Trading is exchanging Bitcoins in the right time trying to get some profit, you buy low and sell high. It has risks, but if you lose, you lose only the difference between the two prices, while at gambling you lose it all. Gambling is pretty much giving away money and trading is earning it in a very risky way.
Nice explanation, correct here if we lose means we will just lose the difference amount, not the full amount. Now the price is high, so if you have coins, you can trade this is a good time to make a profit. But I am not sure how many days the price will be high it may fall at any time. So for that we can not do anything it's just our bad luck. Without taking the risk, we can not make money in any business.
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December 22, 2016, 10:48:01 PM
 #135

To me gambling is a form of investing and trading is just waiting on a whale to dump on you.
You got better chances gambling then making a fortune of trading.

You understood both wrongly because gambling is not to become rich fast, but you need to spend some money to get enjoyment from these games. And in trading, you can expect some profits over the time but there also I don't think one can make a fortune unless one is very lucky. There is not short cut to becoming wealthy and only way is to work hard and smart.
I think gambling is one of the shortest way of making money if you are a lucky person and you also have some good gambling tricks and experience, as I have seen so many people in my area who are really making  good money from gambling. They are really too good in gambling and depending more on gambling as compare to trading.
yes no doubt about this that gambling is on of the most shortest way of making money, but in fact it is also one of the most risky way of making money, if you are lucky then you can really make money in gambling but if you are not luck they you will eve lose your own money in gambling.

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Maxsumi
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December 22, 2016, 11:09:45 PM
 #136

Its simply better because its less more risky than gambling, with gambling you are just fully betting on yourself and you need luck to win the game most of the times, its as simple as that.
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December 22, 2016, 11:32:50 PM
 #137

Of course, trading is better and more reliable than gambling, but is is much more complex to acquire the knowledge and skills necessary to become a good trader than to be a fortunate gambler; therefore I would not recommend you to get too excited about your potential profits in trading if you have not invested the time enough to learn the basics of that complex activity.
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December 22, 2016, 11:47:05 PM
 #138

Its simply better because its less more risky than gambling, with gambling you are just fully betting on yourself and you need luck to win the game most of the times, its as simple as that.

But in trading, if you just trade without trading knowledge then it will be almost same as gambling, and you may also lose a lot of money unless you go for longer time trade then you may not lose so much money but increases profit making changes. Gambling should be only for fun activities and not for earning money.
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December 23, 2016, 12:03:39 AM
 #139

Its simply better because its less more risky than gambling, with gambling you are just fully betting on yourself and you need luck to win the game most of the times, its as simple as that.

But in trading, if you just trade without trading knowledge then it will be almost same as gambling, and you may also lose a lot of money unless you go for longer time trade then you may not lose so much money but increases profit making changes. Gambling should be only for fun activities and not for earning money.

I think that is not true if you are just doing it with low amounts trading is still way less more risky than gambling itself in  my eyes.
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December 23, 2016, 02:49:44 AM
 #140

Well, lots of things that make trading better than gambling. you might be able to have fun in a gambling game, but we will not know whether you can make a lot of money, or not. gambling even has a big risk. In trading, you only need to predict the price to make a profit, but if you're wrong, you will not lose all your money, but you're still going to lose. Well, the risks that trading, it is still smaller than on gambling.
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